Global disposable syringes market will grow with CAGR of 7.8%
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adwaitcoherent
Ongoing, First published Jul 28, 2020
businesscoherentconsultingdisposableglobalinsightsmarketresearchsyringes
US$ 6,514.7 Mn in 2019, Global disposable syringes market is predicted to grow US$ 11,413.7 Mn by the end of 2027
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Global Disposable Syringes Market: Drivers

Increasing manufacturing and demand for injectable drugs is expected to propel growth of the global disposable syringes market over the forecast period. For instance, in March 2020, Xellia Pharmaceuticals, a specialty pharmaceutical company, received the U.S. Food and Drug Administration (FDA) approval to commence manufacturing of aseptic injectable at its Cleveland, Ohio site.


Global Disposable Syringes Market: Restraints

R&D of formulations that enable oral delivery of injectables is expected to hinder growth of the market. For instance, in April 2020, i2O Therapeutics, Inc., a startup, developed and patented a technology that enables oral delivery of therapeutics traditionally delivered intravenously.




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